A short guide to the history Hedge Funds

The Wall Street Journal recently published a great article on the history of the hedge fund industry. This is a must read for hedge fund enthusiasts, industry job seekers and hedge fund investors. Enjoy!
http://online.wsj.com/article/SB10001424052748703302604575294983666012928.html

Global Macro Hedge Funds

I find Global Macro hedge funds to be very fascinating, as they tend to make large bets on macro economic themes. When hedge funds most commonly only invest in equity and debt securities, macro funds invest in a wide array of securities across all asset classes. Amazingly, a number of macro funds never invest in equities.

Here is a recent article about some major macro investors. My favorite is Brevan Howard. Its pretty incredible how they are able to achieve high returns with such a large asset base ($20bn+): http://www.hedgetracker.com/article/Top-Global-Macro-Hedge-Funds-Brevan-Howard-Asset-Management-Round-Table-Investment-Management-Balestra-Capital

For a list of top global macro hedge funds, including George Soros, as well as a definition on how they invest, check out:
http://www.hedgetracker.com/directory/Global-Macro

Hedge Fund Hires

Lot's of big name hedge funds keep hiring top talent. Here is an article that highlights recent hires made by Shumway Capital, Southpaw Asset Management, BlueCrest (which seems to be on a hiring binge), Highland Capital, and GAM.
http://www.hedgetracker.com/article/Hedge-Fund-Job-Report-Southpaw-Shumway-Capital-BlueCrest-Capital-Highland-Capital-GAM-Loomis-Sayles

Top Hedge Funds Highlighted: Shumway Capital, Discovery Capital and Argonaut Capital

I am a big fan of Julian Robertson and his tiger cubs. This article discusses some of his most famous hedge funds spin-offs.
http://www.hedgetracker.com/article/Top-Hedge-Funds-Highlighted-Shumway-Capital-Discovery-Capital-and-Argonaut-Capital

DonorWatch List of Wealthiest College Graduates identifies high potential targets for fundraisers

Interesting article about using SEC filings to identify top propsects for fundraising. Thinking that investor relations teams could use a similar methodology to identify investor prospects?
http://www.hedgetracker.com/article/The-DonorWatch-List-of-Wealthiest-College-Graduates-identifies-high-potential-targets-for-fundraisers

Top Hedge Funds of 2009

Here an article that highlights the Top Hedge Fund managers as of the end of 2009. Some surprising ones made the list:
http://www.hedgetracker.com/article/Top-Hedge-Funds-of-2009-Tiger-Cubs-Dominate-Top-10

Hedge Funds seek $2 Billion from Porsche in Damages

More hedge fund have joined the lawsuit against Porsche, which accuses the company of wrongdoing in its acquisition of VW. The lawsuit, which is seeking more than $2 billion, was initiated by Glenhill, Elliot Associates, and Perry Partners.

The new additions include: Canyon Capital, DE Shaw, Greelight Capital, Ironbound, Royal Capital and Tiger Global.

For more details see: http://www.nytimes.com/reuters/2010/04/29/business/business-us-porsche.html?dbk
For more details on the above hedge funds see: http://www.hedgetracker.com/directory.php